Guo Wengui, a Chinese entrepreneur who has been living in exile in the United States, has been ordered to serve a prison term after prosecutors alleged that he financed an extravagant lifestyle by means of a large‑scale fraud. The case, reported by Deutsche Welle, says the fraud funded his opulent spending and led to the custodial sentence.
Exiled Chinese entrepreneur Guo Wengui ordered to prison over alleged fraud
US authorities say the businessman financed his lavish lifestyle through large‑scale fraud, according to Deutsche Welle.
